Japan's Inflation Accelerates In December

Japan's inflation accelerated in December but remained well below the 2 percent target, data from the Ministry of Internal Affairs showed Friday.

Consumer price inflation increased to 0.8 percent in December from 0.5 percent a month ago. This was also above economists' forecast of 0.7 percent.

Core inflation rose to 0.7 percent, in line with expectations, from 0.5 percent in November. On a monthly basis, core prices edged up 0.1 percent.

Excluding fresh food and energy, inflation edged up to 0.9 percent from 0.8 percent a month ago.

Early this week, the Bank of Japan lowered its fiscal 2020 inflation forecast to 1 percent from 1.1 percent and that for fiscal 2019 to 0.6 percent from 0.7 percent.

Get in Touch

Talk to us today and explore the future with WooHoo AI Ireland

Camden Street Lower, St Kevin's, Dublin 2

Email. info@woohooai.com

Phone. +353 - 214 - 651- 000

© 2018 by WooHoo AI. An Emma & Ariel Production Proudly created and operated by Roche Fintech 634861 / WooHoo AI Ireland / 77 Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 | info@woohooai.com

Code of Practice | Refund Policy | Warranty | Cookie Policy | Sale T&Cs | Privacy Policy | How it Works | FAQ | Customer Notifications